Origin of Transactions: Source Documents of Accountancy — Account STD 11 Commerce — Question

Name two items which are written in Plus Column while starting with Credit balance of Pass Book.

A furniture of book value of ₹ 15,000 was sold for ₹ 6,000 and new furniture was purchased for ₹ 20,000. Furniture Account is debited with ₹ _________.

Why contra entries in the Cash Book are not posted into Ledger?

Name the category of account that is not balanced.

What are Real Accounts?

Journalise the following transaction in the books of Rajni:
Geeta's acceptance of ₹ 20,000 which had been discounted with the bank for ₹ 19,500 has been returned by the Bank dishonoured. Noting charges paid by Bank ₹ 25.

Mention two advantages of accounting.

Reliance co. did not use a particular machine during the current year. should depreciation be charged on this machine also?

A company lost vital machinery in an accident on 2nd March, 2019 which will have adverse impact on its production capacity. As a result, it is likely to loose business to its competitors. The company has not disclosed this fact in its annual report for the year ended 31st March, 2019. Do you think it is complying with the Convention of Full Disclosure?

What is the rule of recording transactions in Nominal Accounts?